Hardly a week passes without new predictions of impending economic disaster in the United States.
However, all that gloom and doom obscures one bright spot: Now may be a great time to buy a house.
"Values are incredible right now," says David Kuiper, a mortgage planner at First Place Bank in Holland, Mich. "Buyers have a lot of inventory at very attractive prices to choose from."
rates and new tax incentives
for first-time buyers (such
as a tax credit of up to 10
percent of a home's purchase
price, up to $7,500) are additional
sweeteners that make the prospect
of buying a home irresistible
If you have sound finances, a secure job and an extended time horizon, it may be time to call a real estate agent.